- Discussion forum for Stocks Commodities & Forex

Swing trading Strategy

Discuss Swing trading Strategy at the Technical Analysis within the - Discussion forum for Stocks Commodities & Forex; Following the explicit post on daytrading, this is a modest attemp on Swing trading strategy. ...

Go Back - Discussion forum for Stocks Commodities & Forex > METHODS & STRATEGIES > Technical Analysis

Technical Analysis Discussion of all the principles involved in technical analysis.

Thread Tools
Old 11th December 2004, 08:40 AM
Join Date: Mar 2004
Posts: 690
Thanks: 0
Thanked 29 Times in 23 Posts
sh50 will become famous soon enough
Post Swing trading Strategy

Following the explicit post on daytrading, this is a modest attemp on Swing trading strategy.

I am no expert and so this should be taken with a pinch of salt but the idea is to draw contributions from the real experts.

Over the past two months, I have been using a combination of ADX, MACD, Binary wave composite and any of the expert advisors ( Martin pring or Rex Tsasugi). Chakin's volatility is another which may be effective though I have not thoroughly tested yet. I have bollinger bands on the main chart though I only follow one rule-low volatility begets high volatility and vice versa. Martin pring long term momentum was suggested by Viratech

Along with the above I feel that an RSI>60 is bullish and RSI<40 v bearish generally. Otherwise one has to be flexible depending upon the previous scrip position. Stochastics can be used to finetune decisons to some extent though one is obviously better of with 30min 60min chart.

It goes without saying that charts are more important than indicators. I use two different templates- one with the above indicators and one only with price voume, volatility and RSI( both for divergences and price patterns). I use EMA 7,13,20.

For daily trading, weekly trend has to be seen and so perhaps for swing trading, people maybe using monthly charts. I don't.

One can always see whether or not its a market outpeformer using the Relative strenght comparative. This and the 3%,5%,8% guideline that are there in tradersedge newletter(I came to know recently) offer very good insights and targets.

The pundits are welcome to tear me apart.

Last edited by sh50; 31st January 2005 at 06:47 PM.
Reply With Quote
The Following User Says Thank You to sh50 For This Useful Post:
tarunai (19th March 2010)
Sponsored Links
Old 11th December 2004, 10:23 AM
Join Date: Jul 2004
Location: Chennai
Posts: 66
Thanks: 0
Thanked 2 Times in 2 Posts
shrees is on a distinguished road
Default Re: Swing trading Strategy

Thanks Sh50.

I would do some homework based on your guidelines and get back if I have doubts.

Also hoping more of the members will come out with their personal profitable strategies. Its always nice to share good things.

Reply With Quote
Old 11th December 2004, 11:23 AM
Join Date: Jul 2004
Posts: 122
Thanks: 0
Thanked 1 Time in 1 Post
kkz59 is on a distinguished road
Default Re: Swing trading Strategy

Dear Sh50

I am a bit lazy and also old to learn this technicals. I have based all my purchases on fundamentals.

If only there could be a combination of fundamentals and technicals, it would be a deadly winning combination. Technicals can advise as to whether the fundamentally sound share could be bought at particular rates as well as it is opportune time to encash the profits.

Can this forum be used to get the technical insights into fundamentally sound scrips. Can you please help with the technical analysis of the following scrips:

NESCO Limited (formerly New Standard Engineering Limited) - It ran up from 50 to 200 and has now corrected to about 140. What should be done now ?
Amarjothi Spinning Mills Limited
Lakshmi Mills Limited


Reply With Quote
Old 14th December 2004, 09:14 PM
Join Date: Mar 2004
Posts: 690
Thanks: 0
Thanked 29 Times in 23 Posts
sh50 will become famous soon enough
Default Re: Swing trading Strategy

Well the marting pring expert advisor in which I have a lot of faith shows a sell signal way back at 24/11 at which the price cut the 7SMA. It all depends on when you purchased the share. If it was an investment made long ago based on fundamentals then you should have definitely sold off. I have been told that for timing of trailing stop losses in such cases is the 30day MA or even if you take 20MA you should have exited at 173(20) or definitely at 156(30).

Going by technicals, the short and intermdediate trends are down. I don't know anything about the fundamentals of the scrip. As an investment it could go up but the immeditate prospects look bleak.

Purely on technicals its seems like a sell(even weekly signals are bearish) but the real pundits in this forum are better placed to comment.

All books recommend knowledge of technicals as well.
Reply With Quote
Old 4th January 2005, 09:25 PM
Join Date: Jan 2005
Posts: 10
Thanks: 0
Thanked 0 Times in 0 Posts
geominnet is on a distinguished road
Default Re: Swing trading Strategy

my dear, swing trading strategy comes with one very basic question before jumping into technical jargon and that is
what kind of chart would you use to do swing trading ;- bar chart or candlestick chart
first get clear on this issue and be clear over your option to choose one over the other
the rest will be simple enough -----believe me!
Reply With Quote
Old 5th January 2005, 06:13 AM
Join Date: Jun 2004
Posts: 185
Thanks: 0
Thanked 2 Times in 2 Posts
arun is on a distinguished road
Default Re: Swing trading Strategy

For anybody who is interested, here is a tutorial on swing trading
Reply With Quote
Old 16th March 2010, 04:06 PM
sudoku1's Avatar
Join Date: Oct 2007
Posts: 8,706
Thanks: 5,145
Thanked 12,393 Times in 4,234 Posts
sudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond repute
sudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond repute
Default Re: Swing trading Strategy

Reply With Quote


Advertise Here

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: Swing trading Strategy
Thread Thread Starter Forum Replies Last Post
Trading Without Ego Anil Words of Wisdom 12 9th September 2011 07:32 PM
Recommended Books on Practical Trading Strategies Traderji Books 14 15th September 2010 04:36 PM
Trading: A Journey, Not a Destination nkpanjiyar Words of Wisdom 4 16th April 2005 12:14 PM
Swing Trading Stock Pick TradersEdge Equities 11 3rd November 2004 02:40 PM

All times are GMT +5.5. The time now is 11:20 PM.

Indemnity, Disclaimer & Disclosure Notice:
By visiting you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. does not vouch for any claims made by the advertisers of products and services. will not be held liable for any consequences in the event such claims are not honoured by the advertisers. will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.

Copyright © 2001 - , All rights reserved.

Recommended Websites - - -

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246